Wednesday, December 29, 2010

VIX Futures Brokers

In light of my comments about MB Trading yesterday, a reader was quick to point out that MB Trading does not offer VIX futures.

For those who may be interested, the CBOE Futures Exchange (CFE) maintains a current list of VIX futures brokers which I have reproduced below:

Futures Commission Merchants (FCMs)

Introducing Brokers (IBs)

Clearing Firms

  • Advantage Futures
  • Bank of America
  • Barclays Capital Inc.
  • BNP Paribas
  • Citigroup Global Markets Inc.
  • Credit Suisse
  • Deutsche Bank
  • Electronic Brokerage Systems LLC
  • Fimat
  • Fortis Clearing LLC
  • Goldman Sachs Global Clearing & Execution
  • Interactive Brokers
  • J.P. Morgan Futures Ltd.
  • Man Financial
  • Merrill Lynch Pierce Fenner & Smith
  • Morgan Stanley & Co. Ltd.
  • Newedge USA LLC
  • Nomura Securities
  • O'Connor & Co. LLC
  • Pax Clearing
  • Prudential Bache Commodities, LLC
  • RBC Capital Markets
  • Timber Hill
  • Tradelink
  • UBS Securities Ltd.
  • Vision Financial Markets

For those who have been drawn into the world of VIX futures as a result of the growth of VIX-based ETNs, perhaps 2011 will be the year to trade VIX futures directly, rather than through various exchange-traded products.

Related posts:

[source: CBOE Futures Exchange (CFE)]

Disclosure(s): the CBOE is an advertiser on VIX and More

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